- cross-posted to:
- socialism@beehaw.org
- cross-posted to:
- socialism@beehaw.org
Between 2020 and August 2023, European investors put up an estimated $164.2 billion of loans and guarantees for businesses “actively involved” in Israeli settlements — and held $144.7 billion of shares and bonds in the same firms, according to an estimate from a coalition of groups opposing European investment in settlements.
This is some 318 Billion $ or about 300 Billion €. Given Israels total population of about 10 million people, delibaretly ignoring that about 3 million of them are Palestinian Arabs, subject to extensice discrimination, that makes about 30.000 € of European investments per each Israeli citizen in merely 3 years.
The only way these investments can pay off, is banking on the long term annexation and ethnic cleansing of the Westbank. I hope these “investors” will face the ICC at some point.
If they were to ban exports coming out of Ukraine, would they call it “Russian settlements”?